Idea update & Ashiana AR Markings
Ashiana is a perfect example of a good company caught in an extremely difficult external environment. The industry was facing a slowdown and COVID is going to give a death blow to many, given their balance sheet they will survive but as Investors best is to forget that you own stock for the next 2-3 years.
My highlights from the Annual report can be accessed here PS - Evernote highlights are best viewed on a desktop
Portfolio Addition
This is a record of the author's thinking in August 2020, kept as written. It is not a recommendation to buy or sell, and the author may hold the securities discussed. See the disclosures.
Tankrich research on Ashiana Housing
3 posts from 2016 to 2020, oldest first.
- How to Value Ashiana Housing
- Annual Review - Ashiana Housing 2019
- Idea update & Ashiana AR Markings (this post)